Hi everyone. Hope no-one minds me starting the thread for the weekend. I have avidly been practising charts all week and it gave me a different perspective watching all the carnage today with an eye on the charts I'd drawn. Had a shocker myself today but will put todays losses on mainly long termers as a learning lesson.
I have charted three stocks which I do not own but am watching. I find the pitchfork method amazingly reliable in predicting trends when I have run it on some historical data and am currently using it as my preferred charting method.
What I haven't got a handle on as yet is making projections based on current data so would appreciate anyone elses thoughts on these charts.
